Gold bullion


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Gold bullion

Investment-grade, pure gold, which may be smelted into gold coins or gold bars.

Gold Bullion

Pure gold that may be bought and sold for investment. Most gold bullion is at least 99.9% pure. It is usually smelted into either gold bars or gold coins. Gold bullion is a commodity that investors often use as a hedge against recession and inflation; Thus, while it is volatile like most commodities, it always maintains a relatively high value. Gold bullion is measured by mass and purity rather than face value.
References in periodicals archive ?
GoldTrust (established on April 28, 2003) is a passive, self-governing, single purpose trust, which invests primarily in long-term holdings of gold bullion and does not speculate in gold prices.
The Honourable Prime Minister of India, Shri Narendra Modi has launched the Indian Gold Coin and Indian Gold Bullion at 7 Race Course Road, New Delhi on 5 November 2015.
Major international players in the precious metals industry - and some local upstarts - are hoping to get a piece of Texas' plan to launch an official state gold bullion depository, and the wide range of pitches they're making suggests even basic details of the project remain up in the air.
debut of the Canadian Gold Maplegram25[TM]: an innovative gold bullion item containing 25 of the prized 1 gram Canadian Gold Maplegram[TM] Coins.
Dubai-based Noor Islamic Bank (Noor) has started the sale of the UAE gold bullion coins to retail buyers in denominations of one, half, quarter and one/tenth ounce in 99.
As these products are backed by bullion and primary gold, the restriction on grant of loan against gold bullion will be applicable to loan against units of gold ETFs and units of gold mutual funds," RBI said in a statement on Monday.
He was allegedly working for others who hired him to fly to the UAE and buy up gold bars, gold bullion and jewellery.
Global Banking News-April 25, 2012--Yes Bank launches gold bullion distribution in India(C)2012 ENPublishing - http://www.
The coin will fill a gap in the global market for investment grade gold bullion coins, sales of which have been increasing on the back of volatility in financial markets and the increasing importance of gold as a distinct asset class," DMCC executive chairman Ahmad Bin Sulayem told Gulf News.
The biggest, heaviest, inherently the most valuable gold bullion coin in the world has been unveiled by The Perth Mint.
ISTANBUL, July 25, 2011 (TUR) -- One gram of 24-carat gold bullion was sold at 89.